David Woroch - May 12, 2021 Form 4 Insider Report for TUCOWS INC /PA/ (TCX)

Role: EVP Domains
Signature: /s/ David John Woroch
Stock symbol: TCX
Transactions as of: May 12, 2021
Transactions value $: $317,760
Form type: 4
Date filed: 5/14/2021, 10:34 AM
Next filing: Jun 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TCX	Common Stock						57.4K	May 12, 2021	Direct
holding	TCX	Common Stock						55K	May 12, 2021	Per David Woroch RRSP
holding	TCX	Common Stock						10.8K	May 12, 2021	Per S. Dagelman Spouse RRSP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TCX	Stock Option (Right to Buy)	Award	$318K	+4K		$79.44	4K	May 12, 2021	Common Stock	4K	$79.44	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock options granted under the 2006 Equity Compensation Plan vest in four equal installments of 25% over four years beginning on the first anniversary of the grant date.